One of the largest energy companies, present in the entire value chain: exploration and production, transformation, development and commercialization of efficient, sustainable and competitive energy.
We are a multi-energy company operating around the globe. Our activities range from oil and gas exploration and production to refining as well as selling derived products and providing services for your everyday life, such as natural gas and electricity.
The people on our team represent our prime competitive advantage and guarantee the company's future. A flexible and committed team comprising over 25,000 employees, united by a shared vision and values.
Our facilities are a reflection of our values and company culture. Our smart buildings promote smooth communication and transparency between team members, while allowing them to be more efficient and versatile in their work.
Our brand reflects our efficient, modern, responsible, and transparent management style which characterizes our company. Moreover, it conveys our values and builds trust.
A global, integrated company with over 90 years of history seeking to supply society's energy needs.
At Repsol, we ensure integrity in the relationships the Company maintains with its suppliers and contractors. Our suppliers are a part of our team and working together enables us to continuously evolve.
We look for energy solutions that meet people's needs and safeguard their well-being. With our solid and diversified business undertakings, we stay one step ahead of the future.
Learn about our Company's annual performance in the area of sustainability.
Our priority is to minimize the environmental impact of our activities by optimizing water management, air emissions, waste management, and spill prevention and response, in addition to considering biodiversity a key element.
We work to be part of the solution to climate change. Our challenge: responding to the demand for energy both responsibly and sustainably.
Each and every one of our decisions aims to guarantee the safety of our workers, customers, users, and suppliers. We firmly believe that all accidents can be prevented, and we develop ever-improving prevention mechanisms.
Each and every one of the actions taken by the people who make up Repsol determine the present and the future of our company. Therefore, we train our employees in core values that must govern their behavior and communicate all of our actions in a way that's reliable, transparent, and verifiable.
We are committed to managing our tax affairs by applying good practices and acting transparently. We pay our taxes responsibly and efficiently, and we foster cooperation with governments, thus avoiding serious risks and unnecessary conflicts.
We make reasonable efforts to ensure that our activities do not have negative impact on human rights, and should they occur, we do everything we can to correct them. Moreover, we do everything within our power to prevent impacts directly related to the activities of our business relationships.
Sustainability is an essential part of our forward-looking vision and the shared commitment undertaken by every one of us at Repsol.
The Repsol Technology Lab is an example of one of the most cutting-edge private R&D models in Spain, based on open innovation, whose objective is to seek sustainable solutions to achieve a more efficient and competitive lower-carbon business.
Innovation is in our DNA. That's why we've taken on the ambitious challenge of transforming the energy sector through the passion of our professionals, people who question things to make them better.
We look for industrial startups that provide disruptive reliability and maintenance solutions, particularly those related to the prediction and detection of corrosion.
Innovation, open collaboration, and a connection with the entrepreneurial world within an environment designed for co-creation. Discover our Open Innovation program.
At Repsol, innovation is part of our DNA. That's why we support education in the technical science field in order to inspire future generations.
Soluciones energéticas 100% renovables: energía solar y electricidad para particulares, empresas y entidades públicas.
Global, integrated, sustainable, and present throughout the entire value chain. These are just some of the compelling attributes that make us as an attractive company.
Useful documents to follow the company's profitability and sustainability-related measures and initiatives.
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What if technology allowed
us to go where no one else has?
Solutions for safer and more efficient exploration and production processes
At the Repsol Technology Lab, we work to develop methods that allow us to optimize our hydrocarbon exploration and production processes. There are three main objectives in this area: reduce the time it takes to start the production process, increase efficiency, and develop technologies that assist in each phase of an oil field's life cycle.
A final goal is ensuring that this technology allows us to be more and more efficient, and at the same time, that we meet the safety and sustainability commitments we've set for ourselves.
The arrival of new technologies like Artificial Intelligence, Big Data, and other advancements in exploration and production techniques allows us to continue developing innovation in the energy sector and optimize our work flow within E&P.
Big Data and High Performance Computing (HPC) allow us to see under the layers of subsoil to perform comprehensive assessments of oil fields. In doing so, we are able to pursue optimal development plans that reduce uncertainties about subsoils and minimize the risks involved in the drilling process. Thanks to these latest advances in computing, we can improve the development of oil fields.
By combining data science, physics, and numerical analysis, it's now possible to create digital representations of subsoil rocks in order to obtain data on their properties, such as porosity, permeability, and interaction with fluids contained in their pores, therefore minimizing the number of samples needed, reducing the analysis period, and eliminating the need to transport samples to labs.
These 3D rocks allow us to predict the mechanical behavior of rocks, as well as their fractures and faults, throughout the life cycle of an oil field.
By adding magnetic nanoparticles to liquids, we can alter their temperature and viscosity, therefore simplifying their transport. Another use for magnetic nanoparticles is in Smart Cement, where these particles, along with a sensor system, tell us the status of the material at all times to anticipate possible repairs or maintenance. We are also working on projects so that the cement self-heats and developing solutions with small particles called "Nanosqueez".
The Technology Lab has developed an advanced system for evaluating biodiversity through DNA samples of the terrain in areas where Repsol carries out its activities.
Organic material (water, fecal samples, etc.) is collected from the area; and the DNA is analyzed using Big Data, Machine Learning, and other algorithms to create conclusive maps of the area's biodiversity. This analysis can tell us about the animals in the area and detect changes or warning signs in their activity, like a shortage of large predators.
With this information, we are able to discover variations or imbalances in the environment and take specific action toward conservation.
One major challenge in Oil and Gas is predicting how the properties of rocks in an oil field will behave and change as production increases over time.
Technology plays an important role in allowing complex processes like seismic interpretation and statistical and dynamic modeling of the fields to be carried out automatically, therefore cutting down the analysis period and allowing for more informed decision making.
We are working to incorporate Artificial Intelligence (AI) into the energy sector as a part of our strategy to make the company more data driven.
AI has applications throughout much of the value chain, for example in learning and forecasting the production of an oil field - key for decision making, in assisting in data collection and analysis, and in proposing the best options for materials, logistics, etc. Thanks to its use in the optimization of wells, we are now able to predict production in real time with adaptive dynamics models.
At the Repsol Technology Lab we aim to make the oil and gas cycle more efficient and sustainable.
Both in Upstream (exploration and production of oil and gas) and Downstream (activities related to the transformation of hydrocarbons and their eventual commercialization), the initiatives carried out at Repsol Technology Lab have contributed to making us one of the most advanced and sustainable Oil & Gas companies in the world.
If you'd like to know more about oil and gas' long journey through this cycle, visit this link.
Emerson is an engineering and technology company with whom we have a strategic partnership for creating software and advanced technology for subsoil geophysics that significantly reduce the time to search for and produce the first oil.
Through Repsol Corporate Venturing, we are working with the North American company Belmont, which is specialized in the application of Artificial Intelligence in the exploration and production fields. The platform developed by Belmont Technology can obtain more complete analyses, which in turn allow us to make better informed decisions.